Quote from: ruthbabe on March 19, 2018, 03:05:46 PM

Quote from: Prettygirl01315 on March 17, 2018, 02:09:59 AM

Please dont FUD on small things this is natural for the cryptocurrencies prices that will go down. Dips are just temporary we just have to wait until may to have the prices go back again

Sorry, but I don't create FUD here. And I guess you don't have any ETH investment that is why it's so easy for you to say that dips are small things, natural, and temporary. No offense, but I think you have missed the price graph chart and/or you just simply don't even know how to read it. Sad

Speaking of reading the chart, I just had a look at it. And you seem to be talking about the ETH/USD chart, not BTC, so that's the one I looked at. Scroll out a bit and observe the following pattern: When the price reaches a low level that the big group of buyers decide is the "fair price to buy" and drive the price back up, we'll call that the support level or the "fair price level", this is where big volume of coins have been sold and then big volume bought the price up again. Now whenever this "fair price level" gets tested and broken, usually the chart plummets as people panic-sell their coins - but for this period of the time, the "fair price" has not changed! So usually, the big group of buyers steps in after some hours (or sometimes days) and brings the price back up to, or close to, that "fair price level". In fact, you can see this in the last few days:

On March 15, the "fair price level" that I am talking about, where large volume was sold and then large volume was bought, this is visible at about $570. March 17, we have the big panic drop that you were concerned about, but it has already returned to the fair price level of $570, if only for a short time! If you carefully examine the chart in the past, you can see this pattern repeat over and over again. The new "fair price level" was reached on March 18 at about $460. So if the price drops significantly below that, another panic dive followed by a short-term buyback to about $460 is quite likely.

This is all just my own opinion and thoughts, you make your own decisions and take your own risks. But I do not think the evidence suggests that ETH is in anyway "dead" right now.